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NorthOne vs Payment Depot

NorthOne is a good business banking features and tools with no monthly fees. How does it compare to Payment Depot? Read our comparison chart below.

NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.

While Payment Depot offers membership pricing plans based on business volume. It starts at $79/mo, plus Interchange + 8¢ per transaction for swipe, and Interchange + 18¢ for online transactions. There is no contract.

Compare NorthOne with Payment Depot, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 NorthOnePayment Depot
 Visit SiteVisit Site
 

NorthOne

Payment Depot

SPECIAL OFFER
NorthOne Free Business Banking - Learn More

Read NorthOne Review

SPECIAL OFFER
Save 40% or More - Learn More

Read Payment Depot Review

 

Benefits and Features

SavingsNo savings account, but you can create unlimited envelopes for savings goals 
Checking$0 monthly fee; no balance requirements 
Monthly Fee
$0
  • Start at $79/month (Process up to $250,000/yr)
  • Custom quote (Process more than $250,000/yr)
Equipment POS (EMV, Magstripe, NFC, Contactless, Smart Terminals), Mobile Payment Processing, Online Payment Processing
Cash Deposit Fee
$4.95
 
Customer ServicePhone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST.Phone, Email, Ticket Center, Social Media Platforms (Facebook, Twitter, LinkedIn)
Fraud Prevention Tools 
Check
Invoice Management 
Integration needed
Recurring Billing 
Integration needed
 

CreditDonkey® Reviews

 NorthOnePayment Depot
CheckingStarStarStarStarEmpty Star
FeesStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Customer ServiceStarStarStarStarStarStarStarStarStarHalf Star
PriceStarStarStarStarHalf Star
EquipmentStarStarStarStarEmpty Star
ContractStarStarStarStarStar
EcommerceStarStarStarStarEmpty Star
High Volume BusinessStarStarStarStarStar
Low Volume BusinessStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • No monthly fees
  • Unlimited envelopes
  • App integrations
Cons:
  • No APY
  • Cash deposit fee
Pros:
  • Affordable membership pricing
  • Cancel anytime
Cons:
  • Not ideal for small businesses
  • Equipment return fee
Bottom LineGood business banking features and tools with no monthly fees... Read full reviewCheap merchant account provider for high-volume businesses... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

NorthOne: Information sourced from the published website as of 03/05/2024.

NorthOne

NorthOne Free Business Banking

  • Business banking for teams
  • Automatic invoice ingestion and payments
  • Sales and revenue analytics
  • Unlimited account envelopes
  • Close to 100 integrations
  • Over $5000 in perks for new customers
  • No monthly fees, no application fees, no minimum balance

NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.

NorthOne

NorthOne Free Business Banking

  • Unlimited envelopes for all your business budgets
  • Integrations with popular accounting and payment processing apps
  • Automate your bill payments
  • $50 minimum opening deposit
NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
NorthOne

NorthOne Plus Business Banking

  • Priority email/chat support
  • Dedicated relationship manager
  • Implementation and onboarding assistant
  • $0 same-day ACH payments, bill payments, and physical checks
  • Lowest transaction fees
  • $50 minimum opening deposit
  • $20 monthly fee
NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
Payment Depot

Save 40% or More

  • Wholesale Rates
  • Membership Fee Model
  • No Cancellation Fees
Payment Depot

Save Over $400 Per Month on Average

  • No hidden fees
  • No surprises
  • No cancellation fees
Payment Depot

First Month Free

  • Wholesale Rates
  • Membership Fee Model
  • No Cancellation Fees

Articles on NorthOne

NorthOne Review

NorthOne is a banking platform for small businesses. But is it right for you? Find out the unique features it offers and how it compares.

Is NorthOne Legit

NorthOne offers convenient online banking for small business owners. But is NorthOne safe and legit? Read on to find out.

Articles on Payment Depot

Payment Depot Review

Is Payment Depot the best merchant service provider for your business? See how it compares to credit card processors.

Which Do You Think is Best?





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